D-Mart stock gains 13% on traction from large funds
Uploading Date : 08-04-2017Avenue Supermarts, which runs D-Mart stores, rose 13 per cent on the stock market on Friday after Thursday’s five per cent rise. The market is abuzz that large fund houses are lapping up the stock................
See full article
Funds raised from institutional buyers touch 33-month high
Uploading Date : 06-04-2017Monthly fundraising through qualified institutional placements (QIPs) hit 33-month high in March, as companies acted to grab the opportunity in a rising market...........
See full article
Services sector expands for a second straight month in March
Uploading Date : 06-04-2017Moving away from the contractions related to demonetisation, the services sector maintained a stronger rate of expansion in February, the widely tracked Nikkei’s Purchasing Managers’ Index (PMI) survey showed on........
See full article
Essar Ports' cargo throughput up 25% in 2016-17
Uploading Date : 05-04-2017Essar Ports, which operates port terminals on the east and west coasts of the country, has recorded a 25 per cent growth in its cargo traffic in 2016-17.The consolidated cargo handling across the company's five operational ports at Hazira (Gujarat), Paradip (Odisha), Visakhapatnam (Andhra Pradesh)..............
See full article
YES Bank lists over 3 crore shares following Rs 4,907crore QIP
Uploading Date : 05-04-2017Private sector lender YES Bank on Wednesday said 3.27 crore shares allotted under the Qualified Institutions Placement (QIP) have been listed and available for trading on the stock exchanges...........
See full article
Export of goods, services to reach $500 billion in 2017-18: FIEO
Uploading Date : 04-04-2017India's shipments of goods and services are expected to reach $500 billion in 2017-18, apex exporters' body FIEO today said."We expect the merchandise exports to be around $315 billion and services exports to about $185 billion in 2017-18," Federation of Indian Export Organisations (FIEO) said in a statement.....................
See full article
Expecting rate cut? Economists say RBI not pulling another surprise
Uploading Date : 04-04-2017The Reserve Bank of India has pulled surprises at its last three policy meetings, so another can't be ruled out at Thursday's review, but analysts uniformly expect no change in interest rates...............
See full article
Bajaj Auto sales down 11 per cent in March, total export up by 1.3 per cent
Uploading Date : 03-04-2017Bajaj Auto on Monday reported a 10.98 per cent decline in total sales to 2,72,197 units in March compared to 3,05,800 units during the same month a year ago. Domestic sales stood at 1,69,279 units as against 2,04,281 units in the corresponding period last year, down 17.13 per cent, the company said in a statement..........
See full article